Quote from: fillippone on August 28, 2025, 09:36:47 PM

Quote from: ₿itcoin on August 28, 2025, 06:01:54 AM

yeah,, Trumps strategy is aggressive & destabilising however the Fed has not given up power. Investor trust still depends on independence.

Hopefully, but I am losing faith: why Powell, who is going to retire soon anyway, chose to open for a rate cut in September? I could understand the members of the board, who need to be re-elected, but JPOW?

There is nothing wrong with doing a rate cut. You keep repeating that it is bad without any substance. The world is not going to be destroyed because of a small rate cut.

Quote from: fillippone on August 28, 2025, 09:36:47 PM

He could have signaled a total independence of the FED from the WHite House, which is by far more important, in the long run, than a mere 25 bps cut.

There is no independence, it is just a theater for people who are naive.